Capacity Payment. The monthly capacity payment (“Capacity Payment” or “KP”) shall be calculated as follows: KPm = CPm × FQm where, CPm = Contract Price for month m; FQm = Confirmed Quantity for month m.
Appears in 5 contracts
Samples: Resource Adequacy Agreement, Resource Adequacy Agreement, Resource Adequacy Agreement
Capacity Payment. The monthly capacity payment (“Capacity Payment” or “KP”) shall be calculated as follows: KPm = CPm × FQm min (PQm, FQm) where, CPm = Contract Price for month m (in $/kW-month), which is equal to $____ per kW-month for all months in the Delivery Term; PQm = Payment Quantity for month m; FQm = Confirmed Quantity for month m.
Appears in 2 contracts
Samples: Capacity Storage Agreement, Capacity Storage Agreement
Capacity Payment. The monthly capacity payment (“Capacity Payment” or “KP”) shall be calculated as follows: KPm = CPm × FQm min (PQm, FQm) where, CPm = Contract Price for month m; PQm = Payment Quantity for month m; FQm = Confirmed Quantity for month m.m
Appears in 2 contracts
Samples: Capacity Storage Agreement, Capacity Storage Agreement
